# The Teachers’ Pensions etc. (Reform Amendments) Regulations 2006, Paragraph 6: Payment by Secretary of State


In regulation 16—
(a) in paragraph (2A) at the beginning insert “Subject to paragraphs (2B) and (2C)”,
(b) after paragraph (2A) insert—
“(2B) The Secretary of State may, before paying any lump sum as mentioned in regulation 12(1A) require the person to whom the payment is to be made to provide a declaration as specified in paragraph (2C) by a date determined by the Secretary of State.
(2C) The declaration is a declaration, in a form specified by the Secretary of State, signed by that person, to the effect that paragraph 3A of Schedule 29 to the 2004 Act does not apply.
(2D) Where no such declaration is received by the Secretary of State by the date referred to in paragraph (2B) the Secretary of State may treat the election under regulation 12 for a lump sum benefit as of no effect, and may apply the amount of the lump sum to the purchase of a pension policy from the insurance company referred to in regulation 9 to provide such benefits as appear to him to be suitable.”.

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Source: https://www.legislation.gov.uk/uksi/2006/3122/schedule/1/paragraph/6 (the official version)
Page: https://openlegislation.uk/teachers-pensions-etc-reform-amendments-regulations-2006/schedule-1/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.